# PPP loan: VECTOR5 COLLABORATIVE
> **$425K** approved 04/04/2020 · Paid in Full · Loan `5031087002`
## Borrower
- **Name:** VECTOR5 COLLABORATIVE
- **Address:** 198 Summer Street, LUNENBURG, MA, 01462-2337
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 30
## Lender
- **Originating:** Fidelity Co-Operative Bank
- **Servicing:** Fidelity Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*